118, IVES ROAD, NORWICH, NR6 6DL - £95,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

118 IVES ROAD is a very small terraced house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £112,562. It was last sold for £95,000 in February 2020, which was around 54% below the average February 2020 terraced price in the Norwich local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

118 IVES ROAD Sold Prices

Land registry data shows two sales for 118 IVES ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. Both of the two 118 IVES ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 28 FEB	£95,000	£208,084	54% below HPI
2004 21 JUN	£74,000	£120,960	39% below HPI

118 IVES ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Norwich local authority area over time, sourced from the HPI. The two 118 IVES ROAD sales from June 2004 and February 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2020 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 118 IVES ROAD be worth now?

118 IVES ROAD might now be worth an estimated £112,562.

This is based on house price inflation of 18.5%, between February 2020 and October 2025, for terraced houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 118 IVES ROAD of £95,000 on 28th February 2020. For the value to have increased from £95,000 to £112,562 over the four years and four months to October 2025, the following assumptions must hold true:

• The value of 118 IVES ROAD has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The February 2020 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 118 IVES ROAD has not materially changed since February 2020.

How Large is 118 IVES ROAD?

118 IVES ROAD is 60m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Norwich, and where 118 IVES ROAD lies on this distribution: 3% of terraced houses houses are smaller than 118 IVES ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Norwich.

118 IVES ROAD: Plot and Title Map

118 IVES ROAD sits on a plot of roughly 9.6 acres, or 38,759m². The below map shows the location of 118 IVES ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 118 IVES ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 118 IVES ROAD?

118 IVES ROAD is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 118 on IVES ROAD.